Whether it is cross-border e-commerce or domestic e-commerce, as long as it meets the tax standards, you need to pay taxes, and personal stores are no exception. This article will introduce how to pay taxes on cross-border e-commerce.
1. How to pay taxes for cross-border e-commerce individuals to open a store?
The tax obligations of individual sellers mainly include value-added tax and personal income tax. As long as they meet the tax standards, they can pay their own taxes within the prescribed time. Just go and declare it.
2. What taxes need to be paid?
1. Customs duties.
As an export cross-border e-commerce company that needs to sell to different markets, an unavoidable tax is tariffs, and the tariff policies of each country or region are different. Therefore, when cross-border e-commerce companies sell overseas, they should pay close attention to the specific policies and changes in import tariffs in different countries.
The EU countries have formulated a common trade policy, which means that EU member states uniformly implement common customs tariffs and trade policies for third countries. That is to say, no matter which country or region you import from to an EU country, the import tariffs are the same. . The U.S. import tariffs stipulate that goods from third-party countries can be levied ad valorem (percentage of value) or quantity (unit: US dollars/cent). There are also Sino-US trade negotiations that continue to affect the import and export tariff rates of both parties.
2. Import value-added tax.
It is different from general value-added tax. The value-added amount of production, wholesale, retail, etc. is taxable. Import VAT is a value-added tax that levies a special tax on the value-added amount of the import link. Amazon sellers make sales after paying the import VAT to the authorities, and the actual tax paid can be deducted from the import VAT on the goods.
3. Sales turnover tax.
This is the type of tax that needs to be paid after the product is sold. A turnover tax is levied because the added value generated during the circulation of goods serves as the basis for tax calculation. In terms of tax calculation principles, value-added tax is a turnover tax levied on the production and circulation of goods, the multi-link value-added of labor services, or the value-added of goods.
4. Income tax.
Corporate tax is levied based on the actual operating profits of the enterprise, multiplied by different income tax rates. E-commerce sellers need to pay the corresponding income tax rate in the target country or home country based on the nature of the entity, such as enterprise or individual.